Telefonica Czech (BAATELEC.PR): 3Q 2013 Earnings 
Due: Nov. 5 at 0600 GMT 
WSJ Survey of 4 Analysts 
Avg Net Profit: CZK1.39B, -21.5% (CZK1.77B in 3Q 2012) 
Avg Revenue: CZK11.76B, -6.7% (CZK12.61B in 3Q 2012)

Note: Markets expect steady declines in both Czech fixed-line and mobile telephone services. The launch of flat calling plans for mobile customers are also weighing on the company's revenue. Talks of a possible take over of Telefonica Czech, majority owned by Spain's Telefonica SA (TEF), impact the Czech company's share price more than its earnings. "We consider Telefonica's Czech arm as an attractive asset for either strategic buyers or private equity firms especially in the light of its financing structure," Concorde Securities analyst Attila Gyurcsik says. (leos.rousek@wsj.com)

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